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US seeks to have cryptocurrency transfers above US$10k reported to IRS - Treasury

US seeks to have cryptocurrency transfers above US$10k reported to IRS - Treasury
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US seeks to have cryptocurrency transfers above US$10k reported to IRS - Treasury
FILE PHOTO: A collection of virtual currency bitcoin tokens are displayed in this picture illustration taken Dec. 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo
21 May 2021 12:45AM
(Updated:
21 May 2021 03:26AM)
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REUTERS: The Biden administration s tax enforcement proposal unveiled on Thursday includes a proposed requirement that cryptocurrency transfers over US$10,000 be reported to the Internal Revenue Service.
As with cash transactions, businesses that receive cryptoassets with a fair market value of more than US$10,000 would also be reported on, the Treasury Department said in a report released alongside its wider proposals aimed at improving tax collection. ....

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U.S. Treasury seeks reporting of cryptocurrency transfers, d

The Biden administration's tax enforcement proposal would require that cryptocurrency transfers over $10,000 be reported to the Internal Revenue ....

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Don't fear the taper: Fed to dominate treasury market for years

Don’t fear the taper: Fed to dominate treasury market for years
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Last Updated: May 20, 2021, 09:40 PM IST
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The stake is so large that even once the Fed’s purchases wind down, it is expected to keep its holdings steady by buying new Treasuries whenever old ones mature, reducing the amount that would need to be sold to the public.
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“The Fed is definitely not going anywhere anytime soon with regard to the Treasury market,” said Mike Pugliese, an economist at Wells Fargo Securities
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By Liz Capo McCormick and Rich Miller
Treasury investors fretting about when the Federal Reserve will scale back its bond purchases may be missing the bigger picture: Its more than $5 trillion stockpile will make it a major force for years to come. ....

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金库KTV_金库KTV创业项目_金库KTV加盟_乡村基加盟

金库KTV_金库KTV创业项目_金库KTV加盟_乡村基加盟
codkamudug.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from codkamudug.com Daily Mail and Mail on Sunday newspapers.

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Counties' massive wage bills cripple development projects

THE STANDARD
WESTERN
Bungoma Governor Wycliffe Wangamati when he appeared before the County Public Accounts and Investment Committee on May 12, 2021. [Benjamin Sakwa, Standard]
Four counties in Western region continue to struggle with high wage bills despite restructuring plans put in place to address the issue.
Vihiga, Kakamega, Busia and Bungoma counties have had to put some development projects on the back burner so as to be able to pay staff salaries.
According to Vihiga Governor Wilber Ottichilo, the counties inherited workers from the defunct Local Authorities “but later we received a new structure and guidelines of hiring new staff from the Transition Authority.” ....

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